Russell takes Upstream IMS via ASP

NEW CONTRACT | INVESTMENT GROUP ATTRACTED BY INTEGRATION CAPABILITIES

TACOMA, Wash -- Russell Investment Group, an investment management, consulting and research unit of Northwestern Mutual with nearly $100 billion in assets under management, has begun implementing an ASP version of Boston-based buy-side technology vendor Upstream Technologies’ Investment Management System (IMS) to automate its portfolio management operations.

The Upstream IMS, also available on an install basis, is hosted by trading floor technology developer Lava Trading, which has also made